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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Southwest Airlines (LUV), Otis Worldwide (OTIS) and Hexcel (HXL)

Tipranks - Fri Apr 24, 9:46AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Southwest Airlines (LUV), Otis Worldwide (OTIS) and Hexcel (HXL).

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Southwest Airlines (LUV)

In a report released yesterday, Catherine O’Brien from Goldman Sachs maintained a Sell rating on Southwest Airlines, with a price target of $30.00. The company’s shares closed last Thursday at $38.07.

According to TipRanks.com, O’Brien is a 1-star analyst with an average return of -2.7% and a 48.9% success rate. O’Brien covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, American Airlines, and JetBlue Airways. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Southwest Airlines with a $48.15 average price target.

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Otis Worldwide (OTIS)

In a report released yesterday, Nigel Coe from Wolfe Research maintained a Hold rating on Otis Worldwide, with a price target of $104.00. The company’s shares closed last Thursday at $80.48.

Coe has an average return of 8.2% when recommending Otis Worldwide. ;'>

According to TipRanks.com, Coe is ranked #1697 out of 12212 analysts.

Currently, the analyst consensus on Otis Worldwide is a Moderate Buy with an average price target of $95.57, implying a 22.4% upside from current levels. In a report issued on April 8, TipRanks – xAI also upgraded the stock to Hold with a $83.00 price target.

Hexcel (HXL)

In a report released yesterday, Myles Walton from Wolfe Research maintained a Buy rating on Hexcel, with a price target of $92.00. The company’s shares closed last Thursday at $96.28.

According to TipRanks.com, Walton is a 5-star analyst with an average return of 13.7% and a 62.6% success rate. Walton covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Lockheed Martin, and Boeing. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hexcel with a $89.30 average price target, representing a -1.8% downside. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $96.00 price target.

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